(New Orleans, LA) Servato Corp., an “Industrial Internet of Things” technology and service provider based in New Orleans, announced today a new investment round led by ATCO Investment Company (ATCO). Investors included the Louisiana Fund, Fibrebond Corporation, other North Louisiana family offices and the NOLA Angel Network.

Funding will be used for sales growth and general working capital needs. Joining Servato’s board of directors will be Ron Ondechek Jr. (representing ATCO) and […]